Wells Fargo Maintains Equal-Weight on Brown & Brown, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Elyse Greenspan has maintained an Equal-Weight rating on Brown & Brown (NYSE:BRO) and increased the price target from $72 to $81. This adjustment reflects a positive outlook on the company's stock value.
January 24, 2024 | 3:00 pm
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Wells Fargo has maintained an Equal-Weight rating on Brown & Brown and raised the price target to $81, indicating a positive sentiment on the stock's future performance.
The increase in price target by a reputable analyst like Elyse Greenspan suggests a bullish outlook on Brown & Brown, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100